For sale17$1,195,000
802 388 DRAKE STREET
2 bed2 bath1,211 sq ft
HouseMLS® R3156151
Vancouver · Neighbourhood
False Creek Real Estate
Explore homes and condos for sale in False Creek, one of Vancouver's neighbourhoods. Live MLS® listings, updated continuously, plus a direct line to a Renanza agent who knows the area.
On the market now
View all 238 →Homes for sale in False Creek
For sale17
Market snapshot
The False Creek market right now
False Creek currently has 238 active listings. Most homes for sale are priced between $633K and $2.10M, with a median around $1.09M. Condos and apartments make up the largest share of the market.
- 238
- Active listings
- 238
- For sale
- $1.09M
- Median list price
- $633K–$2.10M
- Typical range
- $1,126
- Median price / sq ft
- 49
- Median days listed
- 21
- New in last 7 days
- 2006
- Median year built
False Creek prices by bedrooms
| Bedrooms | Active listings | Median asking price |
|---|---|---|
| 1 | 67 | $699K |
| 2 | 130 | $1.17M |
| 3 | 33 | $2.09M |
| 4+ | 3 | $2.19M |
Figures reflect current active MLS® listings and update as the market moves.
Neighbourhood guide
Living in False Creek
False Creek is the inlet and the surrounding residential and recreational district at the centre of Vancouver, best known on its southeast shore for the sustainable Olympic Village community and a continuous seawall. Mid-rise condos, parks and a waterfront path link it to Granville Island.
Location & boundaries
It centres on the southeast and south shores of False Creek, within the broader Fairview area, running from the head of the creek west toward Granville Island; downtown and Yaletown face it across the water.
History
The shoreline was an industrial zone of sawmills, rail yards and canneries into the 20th century before being redeveloped for housing and recreation. The Southeast False Creek Olympic Village was built to house athletes for the 2010 Winter Olympics and converted to housing afterward, and it was North America's first LEED Platinum neighbourhood.
Housing & property types
Housing is mostly mid-rise condominiums and townhouses, including the roughly 1,100-unit Olympic Village, alongside the older co-op and mixed-income community of False Creek South.
Shopping & dining
Granville Island, at the west end, is home to the Public Market plus artisan studios, galleries and eateries.
Parks & recreation
A seawall for walking and cycling wraps the shore and connects to Granville Island, with Hinge Park and Habitat Island in the Olympic Village area.
Getting around
The Canada Line's Olympic Village station, at Cambie Street and West 2nd Avenue, serves the district, and False Creek ferries cross to downtown and Granville Island.
Community facilities
The Creekside Community Recreation Centre in the Olympic Village offers a fitness centre, gymnasium and dance and yoga studios, plus a paddling and dragon-boat launch on the water.
Who it may suit
It may suit buyers wanting waterfront, walkable condo living with seawall recreation and quick access to downtown.
Sources: vancouver.ca, en.wikipedia.org, vancouver.ca, en.wikipedia.org
Neighbourhood snapshot — Vancouver
Statistics Canada, 2021 Census of Population for Vancouver, City (CY), British Columbia. These figures describe the city as a whole, not this specific address — useful context, not a substitute for local knowledge. View source
Population
662,248
Total population
+4.9%
Growth since 2016
39.6
Median age
Income
$82,000
Median household income
Household
2.1
Avg. household size
39.2%
Live alone
53.1%
Families w/ kids
Housing
45.5%
Owned
54.5%
Rented
$1,450,000
Median dwelling value
Apartment80.1%
Single-detached house14.7%
Row house / townhouse3.5%
Other1.8%
Education
Highest credential, ages 25–64
Bachelor's degree or higher52.8%
Trades or college diploma23.1%
High school diploma18.7%
No certificate, diploma or degree5.4%
Commute
How residents get to work
Car, truck or van56.2%
Public transit22.9%
Walked13.1%
Bicycle5.3%
Other2.6%
Languages
Mother tongue, top responses
English50.7%
Cantonese11.8%
Mandarin6.4%
Tagalog2.9%
French1.5%
Search by property type
False Creek homes & condos
False Creek Homes for Sale
Live homes for sale in False Creek, straight from the MLS® feed.
Browse →False Creek Condos for Sale
Live condos for sale in False Creek, straight from the MLS® feed.
Browse →False Creek Townhomes for Sale
Live townhomes for sale in False Creek, straight from the MLS® feed.
Browse →False Creek Houses for Sale
Live houses for sale in False Creek, straight from the MLS® feed.
Browse →Buying a home in False Creek
BC's 2023 small-scale multi-unit housing legislation now allows three to four units on most single-family lots in larger municipalities, which is reshaping what detached lots are worth. Check the lot's current zoning with the municipality, and get a home inspection and a title search before removing subjects.
Budget for BC's property transfer tax on top of the price — it's charged on the purchase and first-time buyers and new builds may qualify for exemptions. See our BC & Alberta closing costs checklist.
Common questions
Frequently asked
If yours isn't here, ask us directly — we'd rather answer it now.
How much does a home cost in False Creek?
The median asking price for homes currently for sale in False Creek is about $1,092,000, and most are listed between $633,000 and $2,100,000. These figures come from active MLS® listings and move with the market.
How many homes are for sale in False Creek right now?
There are 238 active listings on this page's search, 21 of them new in the last 7 days. Listings are updated continuously from the MLS®.
How much is a 3-bedroom home in False Creek?
Median asking prices by bedroom count in False Creek right now — 1 bedroom: about $699,000; 2 bedrooms: about $1,173,000; 3 bedrooms: about $2,088,000; 4+ bedrooms: about $2,190,000. Based on 233 active listings.
What is the price per square foot for homes in False Creek?
The median asking price per square foot of living area is about $1,126 across homes currently listed in False Creek. Location, age and building type move this a lot, so compare within a neighbourhood.
How long have homes in False Creek been on the market?
The typical active listing here first came on the market about 49 days ago. That's days listed so far, not time to sell, but a long figure usually signals more room to negotiate.
Can non-Canadians buy a home in False Creek?
Generally not right now. Since January 1, 2023, the federal Prohibition on the Purchase of Residential Property by Non-Canadians Act has barred most non-Canadians from buying residential property, with exceptions such as permanent residents and some work-permit holders. The ban has been extended before, so confirm its current status and get legal advice on your situation.
Thinking about False Creek?
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